In February 2016, China declared in its National Congress that there will be a battle for growth. This battle will consist of nation states fighting for global market share. As nations align themselves with the Eastern Eurasian cycle or the Western Trans-Atlantic cycle, the global playing field is changing into a full-scale economic competition.
Recession and Disruption
The global marketplace is shrinking. The transactions of the past are changing, as they are increasingly demanding better price, faster delivery, advanced quality, supportive aftermarket services, increased customer satisfaction, increasing shareholder returns, and more capable employees. The pressures on business to adapt are becoming intolerable.
A trader works on the floor of the New York Stock Exchange (NYSE) on Oct. 15, 2014. Spencer Platt/Getty Images
